Trading Signals: MGM Stock Price Prediction and Forecast

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Tue. Sep. 29, 2015

Trading Signals: MGM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(MGM Resorts International)
MGM latest price $17.7600 (-4.46%) ($17.6200 - $18.5900) on Tue. Sep. 29, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.91% (three month average)
RSI   23
Latest Price   $17.7600(-4.46%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM declines -2% a day on average for past five trading days.
Weekly Trend   MGM declines -4.7% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support MGM advance at 0% a week (0% probability)
IYT(36%)    DIA(26%)    VCSH(22%)    XHB(22%)    JETS(20%)
Factors Impacting MGM price   MGM will decline at least -1.455% in a week (0% probabilities).
SHY(-9%)    IGOV(-7%)    VIXM(-6%)    UUP(-4%)    XLU(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.455% (StdDev 2.91%)
Hourly BBV 0 ()
Intraday Trend -3.2%

1 - 5 Day Possible Target   $10.83(-39.02%)
Resistance Level   $20.21
5 Day Moving Average   $19(-6.53%)
10 Day Moving Average   $19.73(-9.98%)
20 Day Moving Average   $20.21(-12.12%)
To recent high   -21.6%
To recent low   1.1%
Market Cap   $8.761b

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

$. MGM price fluctuates within 4.45% (three month std-dev: 2.91%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20151029

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_29_2015	19.81	20.21	19.73	19			17.76(-4.46%)	DT	HoldShort	-65	-1.4	-36	-10000	-13	-103	11.46	51%	-0.1	-36.2	2.91%	0	-2.7	23	0
2	Sep_28_2015	19.83	20.35	20.03	19.38			18.59(-5.92%)	DT	HoldShort	-65	-1.1	-33	-10000	-13	-91	9.09	53%	-0.05	-26.7	2.91%	0	-2.5	24	0
3	Sep_25_2015	19.84	20.47	20.28	19.74			19.76(1.07%)	DP	OpenShort	-75	0	-21	-10000	-6	-67	7.84	57%	0	-13.4	2.82%	0	-1.2	45	0
4	Sep_24_2015	19.84	20.52	20.4	19.92			19.55(0.98%)	DP	OpenShort	-75	-0.7	-22	-10000	-10	-56	5.74	55%	0	-11.2	2.81%	0	-1.8	43	0
5	Sep_23_2015	19.84	20.53	20.52	20.2			19.36(-1.38%)	DT	OpenShort	-75	-1.5	-19	-10000	-13	-37	6.66	55%	-0.05	-16.8	2.85%	0	-2.1	44	0

6	Sep_22_2015	19.85	20.53	20.71	20.57			19.63(-3.77%)	DT	OpenShort	-75	-1.7	-5	-10000	-6	-3	6.59	53%	-0.1	-24.5	2.85%	0	-1.6	51	0
7	Sep_21_2015	19.87	20.54	20.9	20.76			20.4(-1.26%)	UD	OpenLong	65	-0.6	2	-10000	-4	19	3.55	56%	-0.05	-38.8	2.83%	0	-0.2	51	0
8	Sep_18_2015	19.88	20.55	20.91	20.88			20.66(-1.43%)	UD	OpenLong	65	-0.4	4	-10000	-2	23	6.76	56%	0	-48.4	2.82%	0	0.2	49	0
9	Sep_17_2015	19.88	20.58	20.9	20.94			20.96(-1.09%)	UD	OpenLong	75	0	9	-10000	2	29	5.31	56%	-0.05	-51.6	2.81%	0	0.6	55	0
10	Sep_16_2015	19.89	20.62	20.84	20.89			21.19(2.86%)	UT	OpenLong	75	0.4	8	-10000	0	32	8.07	56%	-0.05	-48	2.82%	0	0.9	65	0

11	Sep_15_2015	19.9	20.67	20.71	20.88			20.6(-1.9%)	UD	OpenLong	65	-0.4	5	-10000	-6	36	7.48	54%	-0.05	-40.6	2.8%	0	-0.1	65	0
12	Sep_14_2015	19.91	20.77	20.7	21.05			21(0.19%)	UT	OpenLong	75	-0.1	17	-10000	3	60	3.88	54%	-0.05	-30.5	2.79%	0	0.3	64	0
13	Sep_11_2015	19.92	20.83	20.68	20.95			20.96(1.16%)	UT	OpenLong	75	0	17	-10000	3	58	2.96	54%	-0.05	-30.4	2.8%	0	0.1	53	0
14	Sep_10_2015	19.93	20.89	20.63	20.86			20.72(-1.89%)	UD	OpenLong	75	-0.1	14	-10000	3	46	8.77	54%	-0.1	-30.6	2.8%	0	-0.2	46	0
15	Sep_9_2015	19.95	20.95	20.53	20.76			21.12(-1.63%)	UD	OpenLong	75	0.3	12	-10000	9	20	7.43	54%	0	-33.7	2.79%	0	0.2	42	0

16	Sep_8_2015	19.95	20.99	20.35	20.51			21.47(4.83%)	DP	OpenShort	-65	0.9	-1	-10000	7	-26	8.42	51%	-0.1	-37.6	2.79%	0	0.4	41	0
17	Sep_4_2015	19.97	21.04	20.35	20.31			20.48(-0.05%)	DT	OpenShort	-75	0.2	-19	-10000	-2	-71	4.6	49%	-0.05	-30.6	2.79%	0	-0.5	33	0
18	Sep_3_2015	19.98	21.12	20.15	20.38			20.49(1.14%)	DP	OpenShort	-75	0.1	-21	-10000	-0	-84	4.47	49%	-0.1	-19.2	2.81%	0	-0.6	35	0
19	Sep_2_2015	20	21.2	20.21	20.39			20.26(1.96%)	DT	HoldShort	-50	-0.1	-19	-10000	5	-92	4.86	49%	-0.1	-9.9	2.81%	0	-0.8	35	0
20	Sep_1_2015	20.02	21.3	20.37	20.26			19.87(-2.74%)	DT	HoldShort	-50	-0.4	-21	-10000	5	-100	7.21	48%	-0.1	3.3	2.8%	0	-1.3	34	0

21	Aug_31_2015	20.04	21.4	20.62	20.13			20.43(-1.97%)	DP	OpenShort	-65	0.3	-22	-10000	6	-105	7.08	48%	-0.1	15.2	2.8%	0	-0.9	36	0
22	Aug_28_2015	20.06	21.39	20.83	19.95			20.84(1.46%)	DP	OpenShort	-65	0.8	-28	-10000	2	-117	5.27	48%	-0.1	19	2.79%	0	-0.5	35	0
23	Aug_27_2015	20.08	21.34	20.97	19.9			20.54(4.74%)	DP	OpenShort	-75	0.5	-34	-10000	-5	-122	7.69	48%	-0.05	23.1	2.79%	0	-0.7	37	0
24	Aug_26_2015	20.09	21.31	21.14	20.05			19.61(2.08%)	DP	OpenShort	-75	-0.3	-44	-10000	-18	-122	7.62	43%	-0.05	27.1	2.73%	0	-1.2	30	0
25	Aug_25_2015	20.1	21.27	21.4	20.54			19.21(-1.69%)	DT	HoldShort	-65	-0.9	-42	-10000	-22	-101	7.7	43%		33.8	2.74%	0	-1.4	23	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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